But Dobbs' criticism of Olbermann was just one element of the "liberal media" he criticized at the summit. Overall, Dobbs expressed his displeasure with the media's treatment of Alaska Gov. Sarah Palin since Republican presidential nominee Sen. John McCain, Ariz., selected her as his running mate.

Lou Dobbs, a self-described ‘independent populist' that espouses his anti-free trade and protectionist viewpoints on CNN nightly, appeared at the Family Research Council's Values Voter Summit. It was there that Dobbs revealed his disdain for Olbermann.

"Did somebody mention Keith Olbermann?" Dobbs asked rhetorically. "By the way - I was delighted to hear that - well, let me say, let me put it this way just very clearly - I'm a petty and venal person. I and Tony [Perkins, president of the Family Research Council], I'm confessing in front of everyone here, but the man is hanging by a highly medicated string. And I am so, well, I have to admit it - I am a little angry with him."

Both Dobbs and Olbermann have raised the ire of many conservatives because of their viewpoints - Dobbs for his economic views and Olbermann for most of his views.

"In trying to criticize my politics and my views, he [Olbermann] at the same time attacked uh, two of my children," Dobbs said. "It's not the first time, but as I would just like to say that should I ever encounter Mr. Olbermann in a place where there's just the two of us to converse and discuss the issue - we will have a full and frank exchange of viewpoints.